DJ Coca-Cola Co. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Coca-Cola Co. $(KO)$ shed 0.64% to $62.45 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
This was the stock's second consecutive day of losses.
Coca-Cola Co. closed $11.08 short of its 52-week high ($73.53), which the company reached on September 4th.
Despite its losses, the stock outperformed some of its competitors Thursday, as PepsiCo Inc. $(PEP)$ fell 1.92% to $151.47, Starbucks Corp. $(SBUX)$ fell 1.27% to $88.76, and Mondelez International Inc. Cl A $(MDLZ)$ fell 1.25% to $59.27.
Trading volume (21.1 M) eclipsed its 50-day average volume of 16.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 16:35 ET (21:35 GMT)
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